Top 10 Richest Men In The World According To Forbes Magazine

1. Jeff Bezos, $131bnThe former hedge fund manager turned online book seller started Amazon in his garage in 1994. He still owns 16% of the e-commerce colossus which has seen its share price rise nearly 500% in the past five years.

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Top 10 Richest Men In The World According To Forbes Magazine - Surge Zirc SA
World richest men in the world and their net-worth as released by Forbes / Photo file: Forbes

We’ve put together the list of richest men in the world, you know long have to crack your brain wondering who exactly is leading the race, then who follows until the tenth position. 1st March Forbes Magazine released an updated list of the world richest billionaires, their net worth and field of business.

Interestingly, they all have above 70% of their businesses online, moreover, their positions kept changing as Facebook CEO, Mark Zuckerberg moved from 3rd richest person in the world to number 8, this could be as a result of the scandals following the social media giant in the past decade. While Amazon’s director with a wide margin shoved Bill Gate to the side and clinched the no 1 richest person in the world.

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Here’s the compilation from research:

1. Jeff Bezos, $131bn

The former hedge fund manager turned online book seller started Amazon in his garage in 1994. He still owns 16% of the e-commerce colossus which has seen its share price rise nearly 500% in the past five years.

Bezos has invested heavily in space technology and also owns The Washington Post newspaper.

2. Bill Gates, $96.5bn

A permanent fixture at the top of Forbes’ list for the past 20 years, the Microsoft founder has sold or given away much of his stake in the company – he owns just 1% of Microsoft – and now focuses predominantly on his philanthropic work.

3. Warren Buffet, $82.5bn

Now in his ninth decade, the Berkshire Hathaway chief executive, known as the “Oracle of Omagh” is one of the most successful investors of all time. Like Gates he has pledged to give away more than 99% of his fortune to charity.

4. Bernard Arnault, $76bn

Arnault is the wealthiest European on the list. The Frenchman oversees an empire of more than 60 brands including Louis Vuitton and Sephora.

5. Carlos Slim Helu, $64bn

Mexico’s richest man, Slim Helu, and his family control America Movil, Latin America’s biggest mobile telecommunications firm. He also owns a stake in Mexican construction, consumer goods, mining and real estate, as well as 17% of The New York Times.

6. Amancio Ortega, $62.7bn

Ortega stepped down as chairman of Inditex, known for its Zara brand, in 2011 but he still owns nearly 60% of its shares.

7. Larry Ellison, $58bn

Cofounder of software firm Oracle, Ellison stepped down as CEO in 2014 but still serves as chairman of the board and chief technology officer.

8. Mark Zuckerberg, $62.3bn

The Facebook CEO and founder’s wealth has shrunk by $8.7bn (£6.6bn) in the past year, as the company battled privacy scandals, the BBC says.

9. Michael Bloomberg, $55.5bn

The founder, chief executive and owner of mass media firm Bloomberg LP, Bloomberg took time off from business between 2002 and 2013 in order to serve three consecutive terms as the 108th mayor of New York City.

10. Larry Page, $50.8bn

In 1998, Page co-founded Google with business partner Sergey Brin, and still helms Alphabet, Google’s parent company.

Source: Forbs, BBC, Twitter, Instagram


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